United Steel Erectors, Inc.
How we got $297K
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 29% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| UNITED STEEL ERECTORS, INC. this business | $1.2M | — |
| Hcs Roofing And Restoration Tulsa | $2.2M | 1.0 mi |
| INDIGO TECHNOLOGY TEAM LLC Tulsa · 12 employees | $2.1M | 1.3 mi |
| MK ROOFING & CONSTRUCTION LLC Tulsa · 2 employees | $1.4M | 1.5 mi |
| J and J Roofing Tulsa | $2.2M | 1.5 mi |
| ROGERS GLASS, INC. Tulsa · 20 employees | $6.9M | 1.5 mi |
| Messick Roofing Tulsa | $2.2M | 1.6 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $862K |
| Estimate: the two combined (geometric mean) | $1.2M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $156K |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $297K |
| Multiple for this size and industry | 1.9× |
| Value range | $156K – $407K |
| Revenue range | $802K – $1.4M |
| EBITDA range | $103K – $178K |
| Industry (NAICS) | Structural Steel and Precast Concrete Contractors (238120) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & advisors
Advisors
- BankingSpiritBankPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| SpiritBank PPP 2020 | All 369 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $24K | 3 |
About United Steel Erectors, Inc.
United Steel Erectors, Inc. is a structural steel and precast concrete contractors company in Tulsa, Oklahoma. Its estimated annual revenue is about $1.2M, with roughly $156K of EBITDA. It has about 3 employees. Its estimated business value is $297K (likely range $156K–$407K).
Common questions
- Who owns United Steel Erectors, Inc.?
- The owner of United Steel Erectors, Inc. isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does United Steel Erectors, Inc. make?
- SeeBITDA estimates United Steel Erectors, Inc.'s annual revenue at about $1.2M (likely between $802K and $1.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is United Steel Erectors, Inc. worth?
- About $297K, roughly 1.9× its estimated EBITDA of $156K, typical for a structural steel and precast concrete contractors company its size. Likely range: $156K–$407K.
- How many employees does United Steel Erectors, Inc. have?
- About 3, as reported on its PPP loan.